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Economy Commission seeks to support reforms that will generate tax benefits to the Industrial Free Trade Zones Law
Written by Evelyn Alas
The minister of Economy, María Luisa Hayem, and the Vice Minister, Mario Salazar presented to the Economy Commission a list of reforms to the Industrial Free Zones Law.
BCR shows that IVAE had a year-on-year growth of 6.7% in september 2021
Written by Evelyn Alas
The Banco Central de Reserva (BCR), reports that the Índice de Volumen Actividad Económica (IVAE) had an interannual growth of 6.7% in september 2021, a factor that reflects the dynamism of the national production.
Health personnel in El Salvador receive more than 32,000 COVID-19 protective suits donated by CABEI and Korea
Written by Evelyn Alas
In order to face the spread of the pandemic caused by COVID-19 in El Salvador and to protect the personnel of the Ministry of Health (MINSAL), this thursday the Central American Bank for Economic Integration (CABEI) and the Republic of Korea, through the CABEI-Korea Sole Donor Trust Fund (KTF), formalized the donation of more than 32 thousand protective suits for this institution.
25 lb. gas cylinder will have a slight price decrease and will cost the public US$12.64 without subsidy
Written by Evelyn Alas
The Ministry of Economy (MINEC), announced new variations in the prices of Liquefied Propane Gas (LPG), which will be in effect from wednesday, december 1 until december 30, 2021.
Fuels to show slight decrease in prices of US$0.11 and US$0.09 for the next 15 days
Written by Evelyn Alas
The ministerio de Economía (MINEC), informs salvadorans that fuel prices will show a slight decrease of between US$0.11 and US$0.10, which will be in effect from november 30 to december 13, 2021.
Treasury issues favorable opinion to incorporate US$881,202 to 2021 budget
Written by Evelyn Alas
The General Director of Investment and Public Credit, Moisés Cabrera, and the Deputy General Director of Budget, Laura Michelle Arce, members of the technical team delegated by the Minister of Finance, arrived at the Treasury Commission to request an amendment to the 2021 Budget Law which consists of the incorporation of US$881,202.
Central Government seeks to benefit 650,000 salaried employees with tax exemption on Christmas bonuses
Written by Evelyn Alas
The Ministries of Finance and Economy presented before the Legislative Assembly a bill to exempt from Income Tax (ISR) the Christmas bonuses received by public and private employees up to an amount equal to or less than US$1,100.
Fuel expert, Julio Villagrán expressed that for next week fuel prices could show a decrease in regular gasoline, diesel and super are going to decrease US$0.10 per gallon.
Ministry of Finance approves loans of more than US$200 million for project execution
Written by Evelyn Alas
Deputies belonging to the Treasury and Special Budget Committee of the Legislative Assembly have issued a favorable opinion to modify and manage the request for a loan of more than US$200 million.